Australia still World’s Top Country Brand; Canada ranked Second

Australia
has earned the coveted spot as the world’s top country brand for the third consecutive year, according to the 2008 Country Brand
Index (CBI) which will be officially released Tuesday, Nov. 11, 2008 at London’s World Travel
Market.

Rising
from its sixth place ranking last year, Canada is recognized second and the United States rounds out the top three country brands in the
2008 study. Other countries making the top 10 include Italy, Switzerland and France. The CBI examines how countries are branded and ranked
according to key criteria, and identifies emerging global trends in the world’s fastest growing economic sector – travel and tourism, which accounts for US$5.9 trillion of economic activity worldwide this year and more than 238 million jobs. The study also revealed that the Middle
East, Africa and Asia are experiencing high growth for travel and tourism demand.

2008 CBI Top Country Brands

1. Australia

6. France

2. Canada

7. New Zealand

3. United States

8. United Kingdom

4. Italy

9. Japan

5. Switzerland

10. Sweden

FutureBrand has developed a three-tiered evaluation system for ranking country brands. This Index incorporates global quantitative research, expert opinions, and references relevant statistics that link brand equity to assets, growth and expansion.

Almost 2,700 respondents from nine countries including the US, UK, China, Australia, Japan, Brazil, UAE, Germany and Russia participated in a travel survey. Participants were screened to include
international travelers (who travel internationally more than once a year) between the ages of 21 and 65, with a balanced
split between men and women. Business and leisure travelers were both included. Respondents answered questions about behavior around destination selection; country associations with particular attributes; and overall awareness/familiarity, past visits, intent to visit, and willingness to recommend destinations to others.

Survey results were aggregated and weighted in proportion to their regions’ respective volume of travel consumption. This was done in
an attempt to minimize potential bias around preferred locations from respondents from regions that may have been over-represented in the sample. Performance on attributes by country was then
considered against expert opinions and secondary statistics in order to generate the country rankings.

Rising Stars

The CBI also identified China, the United Arab Emirates (UAE) and Croatia, respectively, as the top three “rising stars” – those likely to become
major tourist destinations in the next five years. Also making the list this year are Vietnam, India and Cuba. In addition, this year’s CBI includes
an in-depth report of how China is doing post-Beijing Olympics.

“In this our fourth year, it is exciting to see many countries embracing the idea of brand. However, we still feel this is a largely underdeveloped
category with most countries continuing to promote and market themselves in ways that are not differentiated. Particularly in the coming years,
country brands must improve both their strategic orientation as well as their delivery,” said Rina Plapler, senior executive director,
FutureBrand.

This year’s CBI touches on a variety of topics relevant to travelers and tourism professionals including: intergenerational travel (represented by
countries such as the U.S., Canada and Japan), medical tourism, mainstream luxury (represented by countries like Japan and Spain),
‘stay’cations and a rise in the off-the-beaten-track trips. Other notable trends this year focus on niche travel opportunities and the changing
destination landscape.

The
key highlights from this year’s Country Brand Index include six new brand categories denoted with an
asterisk(*). The top five
countries are listed in rank order for each category:

2008 Country Brand Index Ranking Highlights

Best Country Brand Ideal for Business

United States, Germany, United Kingdom, France, Italy

Best Country Brand to Extend a Business Trip

Australia, New Zealand, Scotland, Japan, Ireland

Best Country Brand for Art & Culture

Italy, France, Egypt, Japan, Greece

Best Country Brand for Authenticity

New Zealand, Japan, Thailand, India, Egypt

Best Country Brand for Beach

Maldives, Tahiti, Bahamas, Dominican Republic, Australia

Best Country Brand for Families

Canada, Spain, Denmark, Australia, New Zealand

Best Country Brand for History

Egypt, Italy, France, Greece, Israel

Best Country Brand for Resort & Lodging Options

United Arab Emirates, United States, Maldives, Australia, Switzerland

Best Country Brand for Natural Beauty

New Zealand, Maldives, Switzerland, Norway, Australia

Best Country Brand for Nightlife

Japan, Brazil, Spain, Thailand, United States

Best Country Brand for Fine Dining

Italy, France, Japan, Singapore, Switzerland

Best Country Brand for Outdoor Activities & Sports

Australia, New Zealand, Canada, Belize, Switzerland

Best Country Brand for Rest & Relaxation

Maldives, Tahiti, New Zealand, Fiji, Bahamas

Best Country Brand for Safety

Norway, Switzerland, New Zealand, Sweden, Denmark

Best Country Brand for Shopping

United States, United Arab Emirates, Singapore, Thailand, Japan

Best Country Brand for Value for Money

Thailand, India, Mexico, Czech Republic, Poland

Best Country Brand You Would Most Like to Live In

Australia, New Zealand, Canada, Switzerland, Scotland

*Best Country Brand for Ease of Travel

Netherlands, Spain, Canada, Switzerland, Germany

*Best Country Brand for Standard of Living

Sweden, Norway, Denmark, Australia, Switzerland

*Best Country Brand for Political Freedom

Netherlands, New Zealand, Sweden, Denmark, Norway

*Best Country Brand for Advanced Technology

Japan, United States, United Kingdom, Sweden, Germany

*Best Country Brand for Quality Products

Japan, United States, Germany, France, Italy

*Best Country Brand for Most Impressive Last Year

China, United Arab Emirates, Australia, New Zealand, Japan

The 2008 Country Brand Index reports a number of emerging trends in travel and tourism that include:

•
Changing Landscape – Within the industry, there has been a significant shift in the countries that are experiencing real tourism growth.
Traditional tourism “hotspots” are being overshadowed by rising star destinations. In terms of regional performance, Africa, Asia Pacific and the
Middle East are experiencing higher growth rates than the average world demand. Chief among the changing landscape, citizens are becoming
more outspoken about the brands their countries are aligning with to propel tourism, from branding efforts to logos to key messaging. The
desire of many travelers to seek authentic vacation experiences has led to a rise
in poverty travel – visiting poverty-stricken and/or polluted places and communities that showcase a reality otherwise unseen on an upscale or exotic expedition.

•
Specialized Travel on the Rise – Rapid growth in formerly niche travel and tourism markets continues to be a trend within the industry,
including:

Rise of Women – Women are traveling more frequently without men, and women-only tours and retreats are becoming increasingly popular.
Women comprise over half of adventure travelers worldwide.

Grandchild on Board – Affluent retirees in the U.S., Canada and Japan are traveling more and more. Half of vacationing baby boomers are now
traveling with their grandchildren, indicating a new segment of multi-generational travel.

Finite Travel – There is a rise in people visiting places and/or species that are seen as endangered or in some form of time-related environmental
risk. From polar bear and harp seal excursions to rain forest expeditions, many travelers are making it a priority to visit these places before they
are irrevocably altered.

Spontaneous Travel – The biological imperative to escape will never go away, however, high pressured lifestyles and advances in online travel
have resulted in consumers taking shorter trips each year, often booked last minute.

Religious Tourism – The concept of religious sites and pilgrimages is again becoming increasingly popular among travelers. For instance, the
Vatican launched the world’s first airline for Catholic pilgrims. Specialized religious tours are catering to orthodox believers.

•
Luxury Flying Upgrades – Responding to need, many airlines have developed greater flight options and service classes to cater to the
lucrative luxury travel market. These include First and Business Class only airport terminals, as well as new and improved upper class sections
in airplanes introduced by leading carriers such as Singapore Airlines and Emirates Airlines. Additionally, there are a variety of new alternatives
to conventional air travel that provide greater flexibility to the luxury traveler. Chief among them is the increased availability of regional jets and
air taxis. Airports are upgrading at a faster rate, with technological advances such as Radio Frequency Identity (RFID), smart ID cards and
self-check-in playing a greater role in the airport experience. The check-in process is also continuing to evolve, as airlines like Air Canada
continue to develop bar code technology to allow passengers to board solely with their cell phones (without a printed
e-ticket).